A shopkeeper sells his items using a faulty balance which measures 25…

Question

A shopkeeper sells his items using a faulty balance which measures 25% less. He then marks up his items 15% above the cost price. If he also gives a discount of 10%, then find his net profit percentage on 1 kg items

Accepted Answer

Option D. 38%. Answer & Solution Answer: Option D Solution: & MPCP = 115100 & MPCP = 100 + P100 - d\,\,\,\, ( d\% = 10\% ) & 115100 = 100 + P100 - 10 & 2320 = 100 + P90 & P\% = 3.5\% & Now, According to the question he weights 25\% less & 25\% = 1/4 & SPCP = 4/3 × 103.5100 = 6950 & Profit \% =…